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Collaboration. It’s a $1 billion industry, according to an ABI Research study on worker mobility and enterprise social collaboration. And it's projected to grow to $3.5 billion by 2016.

No wonder lots of ink has been spilled on this business buzzword on everything from how to start (hint: build trust) to doing it better with social platforms, to using it as a way to achieve that holy grail of business: innovation.

Two years ago, the Harvard Business Review even touted the need for another C-suite executive: the CCO. A chief collaboration officer would be charged with integrating the enterprise as companies scramble to innovate from within. Authors Morten T. Hansen and Scott Tapp argued that with a little flexibility, existing execs such as the head of HR or the CIO could take on that task.

To read the full, original article click on this link: Why Your Company Needs A Chief Collaboration Officer | Fast Company